RiceBran Technologies: expands CFO’s role

Sacramento / CA. (rbt) RiceBran Technologies, a global leader in the production and marketing of value added products derived from rice bran, announced that the Company has appointed its Chief Financial Officer (CFO), Brent Rystrom, to the additional position of Chief Operating Officer (COO).

Rystrom, who joined the Company as CFO in 2017, will assume the additional role of overseeing the Company’s operations effective immediately.

«Brent has made significant contributions as CFO to RBT’s financial performance, in terms of delivering shareholder value through debt reduction, strategic investment and divestiture of non-core assets», said Robert Smith, CEO of RiceBran Technologies. «With a talented team now in place to support that position, including our recently appointed Chief Accounting Officer, Brent is now able expand his focus as COO on supporting the Company’s growth initiatives as well as setting in place best practices to ensure product reliability and service consistency to our growing customer base».

Commenting on his appointment, Rystrom said: «We have made significant strides over the past year to position the company for success while building shareholder value and I now see even greater opportunity to add value to our future by focusing on operational excellence to support our growing food and animal nutrition ingredients customer base. By achieving our goal of providing the highest quality ingredient products on a consistent basis while delivering outstanding customer service to our clients, we can build a valuable business for our shareholders in the years to come».